CYBERLOQ

CyberloQ is a mobile device authentication technology utilizing two step verification in an all-in-one approach to credit card fraud mitigation and prevention. This utility is designed for protection against financial loss and/or theft resulting from unauthorized card use at either Point of Sale (POS) locations or through e-commerce transactions online. The consumer driven accounts management tool enables cardholders to control when, where, and how their bank cards are used. Cyberloq compares the GPS location of the consumer to the location of the pending POS or e-merchant transaction and then queries the cardholder for authentication on their mobile device before allowing authorization. It even scrutinizes transactions while roaming domestically or internationally.